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3 Beds
3 Baths
1,891 sqft

$549,900

268 Sweetwater Bay DR, Penhook VA, 24137

Price per sqft$290.80
Built in2005
Property size1,891 sqft
Property typeResidential

Overview

Pending

Listed May 8, 2026

Updated 11h ago

Perched atop a breathtaking rolling landscape with sweeping views of Smith Mountain Lake, this special 3-acre retreat offers a rare blend of natural beauty, privacy, and outdoor recreation. Surrounded by pastoral scenery with 45+ acres of open pasture stretching across the front yard and over 5,000 acres of the Smith Mountain Cooperative Wildlife Management Area bordering the backyard, the setting is truly one-of-a-kind. From sunset over the lake to wildlife roaming the fields and mountains beyond, every direction offers a view worth capturing. Designed for comfortable one-level living, the home also features a full unfinished basement, providing the opportunity to nearly double the square footage and create additional living, or guest space tailored to your vision. New appliances 2024, New HVAC 2025. Whether you are searching for a peaceful primary residence, SML retreat, equestrian escape, or that farm like living, this property delivers. Outdoor enthusiasts will appreciate direct access to hiking, horseback riding, and mountain biking trails directly behind the property. Positioned on the quieter side of the mountain with minimal hunting pressure, the property is home to thriving populations of deer, turkey, bear, and abundant small game. Adding to its long-term appeal, the property overlooks Sanctuary Bay, where luxury waterfront homes command multi-million-dollar values -- a rare neighboring influence that enhances both the prestige and future equity potential.

$3,658/mo

Est. mortgage payment based on a $549,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
927363

Interior Features

Bedrooms
3
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
3.15 Acres

Other Property Details

Taxes
$2,861
Tax Frequency
Annually
View
Yes
MLS provider logo

Listed by JADA A. TURNER with BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Listing Contact: [email protected] 

The IDX display contains information sourced from the Roanoke Valley Association of REALTORS® as of 10/19/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Roanoke Valley Association of REALTORS® all rights reserved.

Data last updated on 10/19/2026 at 2:55 PM UTC

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